The Study Of Manager Incentive In Overseas Enterprise Of China

TNC(transnational corporate) is a new organization pattern which based on modern company, compared with common domestic company , the most extraordinary character of TNC is share right distracting , extend of management expanding and the difficulty of management increasing etc., which caused by transnational management. Therefore, the incentive systems that TNC bring to the managers of overseas branch also assume new feature and problems. Compared with the large TNC in west, the transfer management of domestic company is still at the stage of beginning, investment region and trade development are in equilibrium, scale of investment is small and level of international management is low, among these problems, the incentives to the managers of overseas company is specially remarkable. On the one hand, regard to overseas company' s manager, the level of compensation incentive is low, the means and method of incentive is unique, result in disappointment, and decreases manage level and utility.Among the western TNC, which invest in Chinese, market control model in British and American and organ control model in Japan and German are the main type. Under these two models, the incentives to manager of Joint-venture Company have its character by itself because of the different head corporate models they belong to. Manager incentives of the British and American joint-venture company are material stimulation, such as stock and stock option, linking manager salary with corporate performance. The main purpose is to make manager' s interests accordance with the shareholder' s interests and make the long-term development goals come true. On the other hand, Japanese and Germany company exert long-term spiritualincentives such as reputation, position etc. The difference between incentive effect and incentive result embody the difference incentive content of different corporate governance models, meanwhile it reflects the difference between different orientation of different corporate governance models and concept of culture value. All of these enlighten to perfect the manager' s incentive in Chinese overseas company.In order to enhance the lever of investment and participate on the global competition, Chinese corporate need have accurate development strategy and goal, choose correct trade and region. As regard to internal company, we should reinforce manage level and exert effective incentives on managers of Chinese overseas company. The author believes that we can take the following measures: 1) improve corporate structure of domestic head company include manage incentives and enhance construction of company culture. Effective manager incentive and perfect corporate structure of Head Company are foundation for development of overseas company. That is to say we should set up kinetic model of manager incentive, improve corporate structure, strengthen the inner incentive supervision effectively, build core company culture itself, found spiritual incentive. 2) guided upon the global strategy of head company, the overseas company practice native manage incentive, increase incentive level of compensation and decrease distance to native manager. In the mean time, overseas company should make full use of career manager market of host country and supervision system, select employment and incentive supervision. 3) reinforce external incentive supervision of both government and medium operation.